Blog
Corporate ‘Power’ Is Limited and Temporary—Government Power Is the Real Threat
An Axios article today examines for-profit companies taking public positions on controversial political issues, carrying the headline “When companies act like governments.” Reporter Erica Pandey…
Blog
Consumer Financial Protection Bureau Should Define ‘Abusive’
The Dodd–Frank Act was a mammoth overhaul of financial services regulation. Along with creating an entire new consumer protection agency, the Consumer Financial Protection Bureau,…
Blog
SEC’s ‘Regulation Best Interest’ Respects Investor Choice
Today, the Securities and Exchange Commission approved final rules that comprise “Regulation Best Interest,” which will govern conduct of broker-dealers in their transactions with retail investors. Any…
Blog
VIDEO: Just Say No to a Carbon Tax
The Competitive Enterprise Institute has a new video out today featuring Senior Fellow Marlo Lewis which explains why adopting a carbon tax in the United…
Blog
Prevent Another Mortgage Crisis: Let Qualified Mortgage ‘Patch’ Expire
Last month, the Consumer Financial Protection Bureau released its rulemaking agenda for Spring 2019. While there weren’t too many surprises in the agenda, which mainly…
Blog
Regulations Trump Administration Has Eliminated So Far in 2019
The Trump administration promised to roll back red tape. So how goes 2019? The 2019 Spring Unified Agenda of Deregulatory and Regulatory Actions released by the…
Blog
This Month, Take Pride in Abundance and Opportunities of Capitalism
June is Pride Month, when gay, lesbian, bisexual, transgender, and other not-straight people celebrate with a variety of events, including activism, parades, and concerts. As…
Blog
Will Antitrust End Trump’s Deregulatory Push?
Revelations that antitrust enforcers have conspired to divide jurisdiction and initiate antitrust investigations into Google and Apple (the U.S. Department of Justice) and Amazon and…
Blog
This Week in Ridiculous Regulations
President Trump threatened a new tariff on all Mexican goods, potentially scuttling the NAFTA/USMCA agreement. My colleague Wayne Crews went through the new Spring 2019…
Blog
Study Confirms China Cheating on United Nations Environmental Agreement
A study published in the journal Nature provides further confirmation of illegal production of trichlorofluoromethane (CFC-11) from China.
Blog
California Leads Nation in Gas Prices, Climate Policies a Growing Contributor
The large gasoline price disparity between California and the rest of the country has jumped to nearly $1.20 per gallon. High fuel taxes and stringent clean…
Blog
Addressing the Gender Pay Gap: Culture, Not Legislation
Gender discrimination is a complex problem with a complex solution.
Blog
VIDEO: Ending Police Harassment of Small Business in India
Our friends at the Atlas Network have an excellent new video out about legal reform in India that is helping small businesspeople stand up to…
Blog
Markets, Not Mandates, Best Way to Manage Trash Disposal
Governments around the world often mandate recycling when there’s no market for the materials collected. Oftentimes, markets don’t exist simply because recycling certain materials requires…
Blog
Don’t Let Credit Scoring Kerfuffle Compromise GSE Reform
Just when it seemed that reforming the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac was becoming a “third rail” that politicians did not want…
Blog
Trump Threatens up to 25 Percent Tariff on Mexican Goods, Jeopardizes NAFTA/USMCA
Things have been moving quickly on President Trump’s top legislative priority, the NAFTA/USMCA trade agreement. The key was rescinding steel and aluminum tariffs against Canada…
Blog
Corporate Virtue in Eye of Beholder
The main impression I’ve gotten from much recent reporting on the ethical behavior and social responsibility of business is that its value depends greatly on…
Blog
Trump EPA Crosses Important Threshold on Science Policy Reform; Greens Get Political
News coverage would make most people think that Trump administration officials are doing everything possible to undermine environmental protection and human health. One article even…
Blog
Consumer Financial Protection Bureau Should Drop Flawed Enforcement Actions
While the Consumer Financial Protection Bureau’s role in enforcing consumer protection laws is important, there are times when it oversteps the mark and brings frivolous…
Blog
Liberate Local TV Programming from Price Controls
The Senate Commerce Committee plans to hold a hearing on the state of the media marketplace on June 5 and the debate around reauthorizing The…
Blog
Narrowly Address Fair Lending Requirements to Spare Impact on Small Business
Section 1071 of the Dodd-Frank Act amended the Equal Credit Opportunity Act to require financial institutions to collect, report, and make public certain information concerning…
Blog
This Week in Ridiculous Regulations
The number of new final regulations this year topped 1,000 last Tuesday, and President Trump and Congress entered Memorial Day weekend at odds on issues…
Blog
Climate Issues Decide Australian Election
Australian voters stunned the pollsters and the experts in the general election on May 18th by returning the ruling coalition of conservative parties to office. Votes are…
Blog
ConEd Expanding Existing Pipeline Capacity Amid Ban on New Construction
We have previously reported on Consolidated Edison’s recent restrictions on new natural gas hookups in the greater New York metropolitan area as a consequence of…
Blog
VIDEO: What Is the ‘Social Responsibility’ of Business?
Recently I was in the audience for an interesting panel discussion, hosted by the Federalist Society, on corporate social responsibility. Should corporate managers only work…
Blog
Federal Railroad Administration Withdraws Proposed ‘Featherbedding’ Train Crew Rule
Today, the Federal Railroad Administration (FRA) released a draft notice indicating that it will be withdrawing a 2016 proposed rule that would have required trains…
Blog
Regulatory Costs of Anti-Property Approaches to Environmental Concerns
Environmental regulations transfer substantial wealth and can be subject to the same political failure and regulatory pork-barreling that characterize economic regulation—perhaps more so, given the…
Blog
Reform Fair Lending Laws to Uphold Rule of Law
The CFPB’s new director, Kathleen Kraninger, assured the Senate Banking Committee in her confirmation hearing that she was committed to upholding the rule of law.
Blog
Chain Stores Are Part of Civil Society Too
I recently reviewed the book “Alienated America” by Washington Examiner editor Timothy Carney, and I’d like to return to one of the observations he made…
Blog
Costs of Loss of Anonymity in Administrative Surveillance State
The ability of citizens to communicate privately and to retain anonymity if desired are foundational rights slipping away in the regulatory panopticon of the administrative…
Blog
Tariffs Slow Investment, Threaten Retail Industry
Large U.S. companies slowed their investment in the first quarter of 2019, largely because of ongoing trade tensions between the U.S. and China. This is…
Blog
Regulators Should Rescind ‘Small-Dollar’ Loan Rule
The Consumer Financial Protection Bureau is one of the most controversial regulators in Washington, D.C. Since its founding in 2010 under the Dodd-Frank Wall Street…
Blog
Regulatory Costs of Blurring Corporate and Government Roles
In keeping with the tradition of ignoring political failure in service of the administrative state, the economic and social effects of GSEs, or government-sponsored enterprises,…
Blog
Focus Ride-Hailing Policy on Consumer Benefits, Not Protecting Competitors
As we pointed out last year when New York City attacked Uber, Lyft, and other ride-hailing firms by imposing an interim supply cap, politicians fighting…
Blog
Federal Communications Commission Wisely Steps out of Way of Sprint/T-Mobile Merger
Today the Federal Communications Commission signaled it will likely vote to approve the merger of Sprint and T-Mobile.
Blog
Costs of Antitrust Regulation and Institutionalization of Raising Competitors’ Costs
Antitrust policy is corporate welfare, a prominent illustration of how regulation, not just spending, enables and encourages transfers of wealth by force.
Blog
REVIEW: ‘Honorable Business’ by Prof. James Otteson
I wrote up some initial impressions about the new book on business ethics, “Honorable Business: A Framework for Business in a Just and Humane Society,”…
Blog
This Week in Ridiculous Regulations
The Game of Thrones finale aired last night, though the show’s less-plausible Washington spinoff appears set to continue indefinitely, and with a rather larger budget.
Blog
CEI Petitions EPA to Correct 2009 Endangerment Finding
The Competitive Enterprise Institute on May 13th filed a request for correction under the Information Quality Act (IQA) that asks the Environmental Protection Agency to stop using or…
Blog
Another Day, Another Blocked Pipeline into New York
The New York State Department of Environmental Conservation on May 15th rejected a natural gas pipeline that would have brought supplies into the state via New York…
Blog
Trump Mostly Removes Steel, Aluminum Tariffs against Mexico, Canada: Barriers Still Higher than in 2017
The Trump administration is mostly lifting its steel aluminum tariffs on Canada and Mexico, effective 48 hours from today’s announcement. But metal tariffs will remain higher…
Blog
VIDEO: Cheers to Food Truck Freedom
Congratulations to mobile food vendors Benny Diaz and Brian Peffer—and their attorneys at the Institute for Justice—for scoring a victory for freedom of food commerce…
Blog
Credit Card Interest Cap Would Create Consumer Credit Bread Lines
Last Thursday Rep. Alexandria Ocasio-Cortez (D-NY), and Sen. Bernie Sanders (I-VT) teamed up to introduce a bill that only two democratic socialists could have dreamed up.
Blog
Alice Rivlin, 1931-2019
Some economists do more than teach classes and write books. Alice Rivlin, who passed away this week, was proof. She was the first director of…
Blog
New York Times Runs Stealth Anti-Vaping Ad as Op-ed
Readers of The New York Times deserve better than advertising masquerading as righteous opinion writing. While reporters at Times get credit for exploring and exposing…
Blog
Good and Bad of Government’s Debt Collection Proposal
Earlier this month, the Consumer Financial Protection Bureau released a much-anticipated proposal to revamp the Fair Debt Collection Practices Act (FDCPA), a forty-two year old…
Blog
White House Uses Discredited Complaints Tactic against Social Media Companies
My colleague Wayne Crews has already slammed the White House for a first step towards government regulation of online speech in its “tech bias” complaints…
Blog
Boeing Pushes 100 Percent Tariffs on Airbus
Boeing, fresh off a victory in restoring the Export-Import Bank’s full lending authority, is floating the idea of a 100 percent tariff on Airbus aircraft…
Blog
Regulators Find Uber Drivers to Be Independent Contractors
Determining the proper legal worker classification for an individual has become an arduous task. A major reason for the difficulty is a patchwork of federal…
Blog
Australian Government Tempts Mortgage Crisis
It seems that Australia’s political parties are suffering from collective amnesia. After spending the earlier half of the year criticizing banks for abrogating their responsible…